The coffee market faces volatility with mixed prices on global exchanges

The coffee market opened this Friday (13) with distinct variations in the prices of beans. While Arabica coffee showed a drop in futures prices, Robusta rose by around 1% on the London Stock Exchange, reflecting the dynamics of a sector that continues to be marked by volatility. According to a report released by the Carvalhaes Office, prices remain supported by several factors: low safety stocks in producing and consuming countries, problems with flowering in Brazilian coffee plantations — which indicate a significant reduction in the next harvest —, and the proximity of winter in the northern hemisphere, a period in which coffee consumption usually increases substantially. At around 9 am (Brasília time), Arabica coffee showed the following variations: In the case of Robusta, futures contracts showed significant growth: According to Jack Scoville, market analyst at The Price Futures Group, reduced harvests in large producers, such as ...